I let people know this is not a get rich quick scheme and like, any business, you get out of it what you put into it. 

Choosing the best vacation rental loan option: Traditional/Conventional vs Non Conventional/NonQM.

I say this because some people try to get in as a get rich quick scheme and it is not. 

Quote from @Rodney Menendez: @Peter Dukaj yes we are still finding lots for around $19k in Lehigh Acres with no issues for construction  still a soft market and utilities are going to run way more than public sewer and water taps. it all ends up being the same. 40-50k for a lot no matter how you skin the cat. plus all the site work required for those lots is more than double what a traditional infill lot requires in miami or columbus for example 

We went for a traditional bank loan and used the equity we had immediately in the property to finance our second home, which we currently live in, but are turning into a rental property.

Traditional agents rely heavily on MLS listings, which is why you're not finding the numbers you're looking for.I've been doing this for 20 years, and trust me, it's worth spending more time finding the right specialist rather than focusing solely on properties.

Originally posted by @Rich Farrell:I am not a big fan of funds .

Quote from @Rich Solano: Quote from @Travis Biziorek: Hey Michael, looks like you've got a few uninformed responses here so I'll provide you one from someone that actually invests in Detroit.I live in California now and have 12-doors in Detroit.

So, here at the 6 month check in, here are the things I've been doing since January 2024: *Anchored everything to my WHY, including the motivations and long-term strategy *Joined a local REI group hosted by my church*Researched tax lien investing in Harford County, MD and decided to not play in that space this year*Read a few REI books (Rich Dad Poor Dad, One Rental At A Time, Building Wealth One House at a Time, Wealth Without Cash, Building Real Estate Wealth in a Changing Market)*Subscribed to a bunch of good YouTube channels (BP, ORAAT, Ken McElroy, Coach Carson...)

LOL So now each of my LLC's that has a different project has to have the developers license. its a pain there is no test but its a bond and insurance and not every one can get bonded these days.I know having done a lot of work in Chicago how tough that city can be as well.. no one is going to teach you this you just kind of learn it.so bottom line unless this person has some very narrow niche // or its just a raw raw thing to motivate you  chances are there is nothing unique and I am not talking about getting rich with tax overages or some of the other things that get recirculated constantly.